Word: layers
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...luxury brands sold in their country. Top fashion labels can sell for up to 1,000% of what they would in the U.S. or Western Europe. But factor in inflation and the devaluation of the ruble, and the price is too high for many, says Grankina. "There is a layer of wealthy people who are willing to pay up, but when the ruble falls against other currencies, sellers pass that on to consumers at a time of inflation, so things become much more expensive...
...these caveats merely create a whole new layer of confusion for consumers - which they easily could - the authors of Know Your Chances offer two more tools. The first is a simple guide to credible sources of health stats, including the Center for Medical Consumers and Informed Health Online. The second is a pair of simple questions we should all ask ourselves before we make a medical decision: Does the drug or treatment we're considering have any important risks and does it offer a reasonably good chance of doing us real good? A yes to the first...
...there's oil. In 2007 and '08, state-controlled Petrobras discovered up to 12 billion bbl. beneath the Atlantic floor about 155 miles (250 km) off the coast of Rio de Janeiro. The oil lies almost 3 miles (5 km) below sea level and is covered by a thick layer of salt, so extraction will be a massive undertaking. And while the discovery promised a windfall when oil was $140 per bbl., at today's price of $40, profitability will be a challenge. Nor is oil always the blessing that it appears; in nations from Nigeria to Saudi Arabia...
...second layer of diversification requires reducing overall dependence on trade by promoting domestic consumption and expanding service sectors. Park Chung Hee's growth model discouraged investment in domestically focused sectors and consumer spending - both of which could provide a cushion to Asian economies in global downturns. Vestiges of his biases remain, to the detriment of the South Korean economy. For example, South Korea hasn't developed the kind of social services, such as day-care centers for the children of working parents and homes for the elderly, that would relieve some of the financial burdens on working-class families...
...leads the French archaeological team, points to a 26-ft.-deep (8 m deep) pit carved from the hill that exposes a cross section riddled with holes - like an ant farm pressed between panes of glass. He shows how looters dug wells, then tunneled horizontally when a promising layer was reached. (Looters, like archaeologists, know to look for signs such as ash or brick flooring for evidence of human habitation.) One such gallery has collapsed, so that it now seems just a jagged scar interrupting the smooth transition of history's layers. "It's like you are trying to read...